Lowenstein Sandler’s Global Trade & Security released the latest version of their newsletter, “Trade Matters”, on November 7, 2023. Trade Matters provides essential updates in the areas of global trade and national security, focusing on the ever-evolving international laws and regulations. The link to this publication can be found here for your reading convenience.
The latest issue covers a range of key topics, but a significant highlight is the release of new chip export control rules by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS). These rules target advanced computing semiconductors, a pivotal sector in international trade, and semiconductor manufacturing equipment. The new rules reportedly update and expand on the parameters set the previous year.
Contributors to the newsletter report the first of these rules adjusts the parameters used to determine whether an advanced computing chip is controlled. The second part of the rule introduces new measures designed to minimize the risk of circumvention. Further details remain restricted to the newsletter’s full text.
Providing such crucial updates, Lowenstein Sandler’s “Trade Matters” serves as a pivotal resource for legal professionals, especially those grappling with the complexities of global trade and national security laws. Detailed analysis of these changes will inevitably shape ongoing legal discussions on both national and global scales. Keep in mind, however, that the full specifics of these complex legal situations can be found in the full text of the Trade Matters newsletter.